KQEH Nightly Business Report June 16, 2016
Outlook. If growth is anemic, dont expect as many Interest Rate increases. Not this year, not next and not even in 2018. That is a big shift in the Central Banks thinking since the fed chairs last news conference. Hampton pearson has more on what has changed and what the fed is sayiow halfway through 2016, fed chair janet yellen and her monetary advisers are still on hold when it comes to raising key short term Interest Rates. We really need to look at the data and pre specify a timetable. So im not comfortable to say its in the next meeting or two. But it could be. It could be. The latest spe...